Business as usual for Talleys after buyout of Singapore stake in Open Country Dairy nzherald.co.nz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nzherald.co.nz Daily Mail and Mail on Sunday newspapers.
Covid 19 coronavirus: ASB Showgrounds future in peril as virus wipes events and huge rent rise looms
4 Mar, 2021 04:00 PM
6 minutes to read
Major event cancellations are putting the future of the ASB Showgrounds in doubt. Photo / Sylvie Whinray
Major event cancellations are putting the future of the ASB Showgrounds in doubt. Photo / Sylvie Whinray The future of Auckland s ASB Showgrounds is at risk as the board that runs the premiere exhibition site struggles to see how it can remain solvent in the face of major event cancellations due to Covid-19 and a proposed massive rent hike.
The non-profit charity operates the 8 hectare showgrounds at Cornwall Park commercially - its only income is from shows, events and concerts.
Open Country Dairy profit swells despite extraordinary 2020 year
3 Feb, 2021 04:28 AM
3 minutes to read
Open Country chairman Laurie Margrain. Photo / Alan Gibson
The country s second biggest dairy processor Open Country in usual mode is dialling down the fuss despite reporting a 115 per cent increase in profit for the September 2020 financial year. After tax profit for the year was $67.65 million, up from $31.41m the previous year.
Revenue for the Auckland-based, Talley family majority-owned dairy company was $1.6 billion, up from $1.4b the previous year.
Chairman Laurie Margrain told the Herald the result was satisfactory . We have navigated well an extraordinary year for trade. But there s no room for complacency, he said.